Prologis Inc (PLD) concluded trading on Wednesday at a closing price of $120.83, with 4.13 million shares of worth about $499.4 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 17.11% during that period and on October 23, 2024 the price saw a gain of about 1.59%. Currently the company’s common shares owned by public are about 924.39M shares, out of which, 922.13M shares are available for trading.
Stock saw a price change of -4.84% in past 5 days and over the past one month there was a price change of -4.62%. Year-to-date (YTD), PLD shares are showing a performance of -9.35% which increased to 19.86% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $96.64 but also hit the highest price of $137.52 during that period. The average intraday trading volume for Prologis Inc shares is 3.39 million. The stock is currently trading -0.90% below its 20-day simple moving average (SMA20), while that difference is down -3.47% for SMA50 and it goes to -0.52% lower than SMA200.
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Prologis Inc (NYSE: PLD) currently have 924.39M outstanding shares and institutions hold larger chunk of about 94.41% of that.
The stock has a current market capitalization of $111.88B and its 3Y-monthly beta is at 1.08. PE ratio of stock for trailing 12 months is 36.92, while it has posted earnings per share of $3.27 in the same period. Its PEG reads 6.89 while making debt-to-equity ratio of 0.61. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PLD, volatility over the week remained 2.39% while standing at 2.07% over the month.
Stock’s fiscal year EPS is expected to drop by -8.65% while it is estimated to decrease by -2.41% in next year. EPS is likely to grow at an annualized rate of 5.36% for next 5-years, compared to annual growth of 2.94% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Goldman on October 21, 2024 offering a Neutral rating for the stock and assigned a target price range of between $142 and $132 to it. Coverage by BofA Securities stated Prologis Inc (PLD) stock as a Neutral in their note to investors on August 12, 2024, suggesting a price target of $128 for the stock. On August 05, 2024, RBC Capital Mkts Downgrade their recommendations, while on April 22, 2024, BMO Capital Markets Downgrade their ratings for the stock with a price target of $112. Stock get an In-line rating from Evercore ISI on March 18, 2024.
